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La Guama Group
In this Group: Neptaly, Ruben, Ruben , Wilmer, Jose Antonio, Florinda , Dredvin Adelson , Jose Eusebio
Neptaly, 35, has a son; he lives with his wife, son and his mother in Azacualpa, Santa Bárbara. He worked for several years in commerce and five years ago started growing coffee and vegetables like cucumbers and sweet peppers. He sells his production in the local market in his community and in surrounding areas to earn income. He’s thinking of expanding his crops throughout the fields he owns and to continue giving them technical assistance to improve production.

He’s asking for his first loan cycle as part of a group loan to fertilize and weed his coffee, cucumber and sweet pepper crops. The communal bank is called “La Guama” and it has 8 members. In the photo they can be identified as follows: Neptaly is on the left, next is Ruben followed by another member who is also called Ruben, then Wilmer, José Antonio, Florinda, Dredvin and José Eusebio is on the far right. They all live in the same community and work in agriculture. The group loan is for 40,500 Lempiras and all of them will be using it for fertilizer and to weed their crops to improve crop yields and incomes.
View original language description ↓
El Sr. Neptaly, tiene 35 años de edad, tiene un hijo, vive con su esposa, hijo y su madre en el municipio de Azacualpa, Santa barbara.
Neptaly, trabajo por varios años en el comercio, y hace 5 años se dedico a realizar cultivos de café, y hortalizas como pepinos y chile dulce. Esta producción la vende en el mercado local de la comunidad y a sus alrededores para obtener sus ingresos. El piensa ampliar sus cultivos en toda el área de terreno que tiene y seguir dándole una buena asistencia técnica para mejorar la producción. Esta solicitando el primer ciclo de préstamo en forma grupal para fertilizar y limpiar sus cultivos de café, pepino y chile dulce, el Grupo solidario tiene como nombre La Guama, que está formado por 8 miembros, en la foto están identificados así: a la izquierda esta Neptaly, luego don Ruben, seguido por otro miembro llamado con el mismo nombre Ruben, Wilmer, Jose Antonio, Florinda, Dredvin y a la derecha esta Jose Eusebio. Ellos viven en la misma comunidad y se dedican a la agricultura. El préstamo total en grupo suma L. 40,500.00 y todos lo utilizaran para fertilizar y limpiar sus cultivos para mejorar la produccion y sus ingresos.

Additional Information

About Organización de Desarrollo Empresarial Femenino Financiera, S.A.

This loan is administered by Organización de Desarrollo Empresarial Femenino Financiera, S.A. (ODEF), a Kiva Field Partner in Honduras. A leader in the microfinance sector since 1985, ODEF strives to combat poverty by offering a wide array of financial services to low-income men and women. The organization works with its parent NGO, ODEF OPD, to provide training and technical assistance to impoverished microentrepreneurs. By incorporating the entire family unit in this process, ODEF OPD aims to improve the standard of living through the creation of profitable enterprises. Visit ODEF’s partner page for more information.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Honduras

  • $4,200
    Average annual income
  • 27
    View loans »
    Honduras Loans Fundraising
  • $8,146,250
    Funds lent in using Kiva
  • 19.8
    Honduras Lempiras (HNL) = $1 USD

Success!! The loan was 100% repaid

A portion of La Guama Group's $2,050 loan helped a member to buy farm supplies.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2012
Listed
Dec 13, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 22, 2013